changing vat scheme from cash to standard

Question

I am changing my vat scheme from cash to standard accounting on 1st May, has anyone done this before and/or have any words of advice? I've read the instructions but would value personal opinions / advice / tips if possible, especially for any supplier/customer invoices dated before 1st May that havent yet been input

Ken Fillmore 2 · Answer

Sage will pick up any invoices dated before 1st May that have not been included in a VAT Return. Going from Cash-based to Standard is not too bad. The other direction is far worse. 
 The main caveat is this 
 " This procedure should be carried out at a month or quarter end, after reconciling the VAT on the VAT Cash Accounting scheme and before entering any transactions under the Standard VAT scheme."

Sage 50 Accounts

changing vat scheme from cash to standard

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